Optiver

About Optiver

Over thirty years ago, Optiver started business as a single trader on the floor of Amsterdam’s European Options Exchange. Today, we are a leading global electronic market maker, focused on pricing, execution and risk management. We provide liquidity to financial markets using our own capital, at our own risk, trading a wide range of products: from listed derivatives, cash equities, ETFs and bonds to foreign exchange. Our independence allows us to objectively improve the markets and provide efficiencies for market participants.

With 1000 Optiverians globally in Amsterdam, Chicago, Shanghai and Sydney our diverse team is united by our mission to improve the market. Thriving in a high performance environment, we pioneer our own trading strategies and systems using clean code and sophisticated technology. The technical challenges that this fast environment presents is what really motivates and challenges people at Optiver. To help us achieve what we want to attract, develop and empower top talent with a down to earth mentality, in order to sustain our future.

What really sets Optiver apart from other companies is its openness, honesty and our colleagues. People have very strong opinions, but they are also open to listen and to change their mind if the facts presented by others have more value. The team shares the same goal, meaning that we are all pulling in the same direction and you as an individual care about how the person next to you is doing their job. We are always recruiting students for the following roles:

  • (Algorithmic) Trader
  • Researcher
  • Data Analyst
  • Trader Assistant (part-time job for students)

Our company values

  • To maintain the culture of Optiver we stick to our values that perfectly capture our thinking.
  • Committed to doing the right thing
  • Stimulating a liquid market through mindful actions.
  • We stay humble
  • To us, excellence is founded on modesty.
  • Our best work is done together.
  • Collaborative on the inside, competitive on the outside.
  • True to ourselves and open to each other
  • Encouraging diverse perspectives is how we remain at the forefront of trading innovation.
  • We take ownership because we care
  • Going beyond expectations to make the difference.

Working at Optiver
Trading
Trading is who we are and what we know. The landscape has changed rapidly over the last three decades and has meant that we have had to change with the times. We offer prices in a wide range of financial products globally. When the markets are open, our traders are primed to be externally competitive and internally collaborative, focusing on executing the best trades. When they are not trading, their focus shifts to checking positions and improving trading strategies and systems. In addition to having outstanding quantitative skills, our traders have a deep understanding of market trends. These skills allow us to continuously strive to offer the most fair, tradable prices in all market conditions.

Starting positions: Data Analyst, Trader Assistant (Academic part-Time Job), Trader, Algorithmic Trader

Technology
At Optiver we leverage technology to solve a variety of problems with high degrees of difficulty: managing scarce bandwidth resources, responding to market events in microseconds or less, automatically pricing diverse sets of financial instruments with extremely low error tolerance, and storing and analyzing terabytes of data. Our systems are built to add to the stability of the market, not detract from it; they must operate at peak efficiency in the most extreme market conditions. These systems must also be simple, flexible, and well-architected so they can quickly change to meet the dynamic needs of our industry. Technologists at Optiver work hard, think creatively, and engineer rigorous solutions that make an immediate impact.

Starting positions: Trading Technology Intern, Graduate Devops System Engineer, Software Developer

Research
The setup of our researchers is different to what you might expect. Here they work hand in hand with our traders to spot opportunities, exercise their analytical skills to build models, and then work with our technology teams to see them delivered. Markets continuously evolve and our models and strategies adapt with it. It’s a challenge that requires high-level mathematics and data science with a generous dose of creative thinking to ensure we have the edge in increasingly competitive markets.

Starting positions: Quantitative Researcher

Optiver facts

  • 41 different nationalities
  • Average age 34
  • Close to 9.000 applications received in 2016
  • 14% female / 86 % Male
  • We eat 18 kg bananas per day!